FutureSenseIndia

Denta Water and Infra Solutions IPO: Details, Dates, and Financial Performance

Denta Water IPO 2025: Dates, Price Band, Financials & Subscription Details

Denta Water and Infra Solutions Limited is a dynamic company specializing in water and infrastructure projects, with a particular focus on groundwater recharge initiatives. Established in 2016, the company has gained a reputation for delivering comprehensive solutions in the water sector.

Core Services Offered:

  • Design of water infrastructure projects
  • Installation of water systems
  • Commissioning of projects
  • Maintenance of water infrastructure

Beyond water-related projects, the company also undertakes railway and highway construction projects, further diversifying its portfolio.

IPO Details

The Denta Water and Infra Solutions IPO was open for subscription from January 22 to January 24, 2025, aiming to raise ₹220.50 crores. This includes a fresh issue of ₹220.50 crores, with an offer for sale for an undisclosed number of equity shares. The IPO price band is set at ₹279 to ₹294 per share.

  • Issue Type: Book Built
  • Listing: BSE and NSE
  • Listing Date: January 29, 2025
  • Allotment Date: January 27, 2025

Investor Quotas:

  • Retail Quota: 35%
  • Qualified Institutional Buyers (QIB): 50%
  • High Net Worth Individuals (HNI): 15%

The minimum application lot is 50 shares, amounting to ₹14,700, while retail investors can apply for up to 13 lots (650 shares), requiring an application of ₹1,91,100.

Financial Performance:

Denta Water reported robust financial growth:

  • 2024 Revenue: ₹241.84 crores (up from ₹175.75 crores in 2023)
  • 2024 Profit: ₹59.73 crores (compared to ₹50.11 crores in 2023)

How to Apply:

Investors can apply for the IPO via ASBA (Application Supported by Blocked Amount) online through their bank or UPI via stock brokers. Offline applications are also available through brokers.

Key IPO Participants:

  • Lead Manager: Smc Capitals Limited
  • Registrar: Integrated Registry Management Services Private Limited

Denta Water and Infra Solutions continues to establish itself as a key player in the water and infrastructure sectors, delivering sustainable solutions and expanding its capabilities in construction for railways and highways.

Financial Details

Denta Water and Infra Solutions Limited’s financial performance over the past few years is presented below:

Period EndedRevenue (₹ Crores)Expense (₹ Crores)Profit After Tax (₹ Crores)Assets (₹ Crores)
2022119.6467.8538.3460.64
2023175.75107.8350.11123.28
2024241.84160.4559.73219.85
September 202498.5165.3824.2220.35

The company’s revenue and profit have shown consistent growth over this period. Additionally, potential IPO investors should consider a long-term investment strategy.

Leave a Reply

Your email address will not be published. Required fields are marked *